Senator Sani Musa Clarifies Controversial Fuel Subsidy Comment …C0NTINUE READING HERE >>> Senator Mohammed Sani Musa, Chairman of the Senate Committee on Finance, has addressed the debates sparked by his recent statement on fuel subsidy removal. During an interview on Channels TV’s Politics Today on Friday, Musa asserted that the removal of the fuel subsidy … Read more
“Imported fuel will be cheaper than current rate” — PETROAN …C0NTINUE READING HERE >>> The Petroleum Products Retail Outlets Owners Association of NIgeria (PETROAN) says the price of Premium Motor Spirit (PMS) it plans to import will be cheaper than the current rate sold in the country. Dr Joseph Obele, National Public Relations Officer, PETROAN, … Read more
“Tinubu working tirelessly to fix issues, deserves credit for subsidy removal” — Sunday Dare …C0NTINUE READING HERE >>> Sunday Dare has urged Nigerians to exercise patience regarding the reforms initiated by President Bola Tinubu’s administration. He said this while appearing on Channels Television’s Politics Today program on Thursday, stating that Tinubu deserves commendation for removing … Read more
Nigerians Groan As Rice Prices Surge 123%, 50kg Sells For ₦130,000 …C0NTINUE READING HERE >>> Nigerians are now paying around N105,000 for a 50kg bag of locally-produced parboiled rice, surpassing the new minimum wage of N70,000. This rise follows the removal of the petrol subsidy and the devaluation of the naira, pushing local rice prices … Read more
Minister Onyejeocha Defends Fuel Subsidy Removal, Emphasizes Benefits For Nigerians …C0NTINUE READING HERE >>> The Minister of State for Labour and Employment, Nkeiruka Onyejeocha, has defended the decision of President Bola Tinubu’s administration to halt subsidy payments for fuel, asserting that it is in the best interest of Nigerians. Speaking on Thursday in her hometown … Read more
Claims that Tinubu suspended fuel subsidy are false …C0NTINUE READING HERE >>> Dogara: Claims that Tinubu suspended fuel subsidy are false The former speaker opined that fuel subsidy removal was a good move for Nigeria despite the effect. Yakubu Dogara He said, “In this case, there was no provision for it, and anybody who told … Read more
VIDEO: Watch Tinubu speak about fuel price with former NASS presiding officers …C0NTINUE READING HERE >>> President Bola Tinubu on Friday met with former presiding officers of the National Assembly (NASS) under the aegis of the Forum of Former Presiding Officers of the National Assembly (NASS), led by Mr Ken Nnamani, former Senate President. TheNewsGuru.com (TNG) … Read more
NNPC Limited’s new nomenclature for subsidy – By Pius Mordi …C0NTINUE READING HERE >>> By Pius Mordi When Muhammadu Buhari became president in 2015 he told Nigerians that subsidy for which Goodluck Jonathan was vilified when he sought a marginal increase in petrol pump price had been removed and effected a significant price increase, it … Read more
Nothing like fuel subsidy, we’re simply paying shortfall on behalf …C0NTINUE READING HERE >>> The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that it has not paid fuel subsidies to any entity for the past nine years. This statement was made by Umar Ajiya, the Chief Financial Officer of NNPC Ltd., on Monday, … Read more
It is not subsidy, it is importation shortfall – NNPCL opens up …C0NTINUE READING HERE >>> The Nigerian National Petroleum Company Limited (NNPC Limited) has disclosed it has not paid fuel subsidy to anybody in the last nine months. TheNewsGuru.com (TNG) reports Chief Financial Officer of NNPC Limited, Alhaji Umar Ajiya made the disclosure on … Read more